Founding a business is inherently risky. Fortunately, even the riskiest businesses have opportunities to reduce their risks and protect their interests with proper and early planning. Let’s look at a fictional but representative story of how an extremely risky business survived an unexpected accident. A Precipitous Fall Harold “The Hummingbird” Wasserman founded his stunt-pilot training […]
The trend of buyers directly soliciting business owners remains strong across all industries. This strategic approach often leads to major disadvantages for sellers and significant potential upside for buyers – a trend that is not going away. Before accepting an offer from a buyer, it is important for business owners to have an experienced mergers […]
Running a business is one of the most fulfilling things you’ll likely ever do. Despite the time and money it costs you, you dedicate everything you have to position it to be successful. With all the effort you pour into your business, it’s prudent to dedicate time and money to protect it against risks and […]
A major point of pride for successful business owners is how hard they worked to achieve their success. A common myth is that smaller, less complex businesses aren’t cut out for Exit Planning or that it’s too expensive. But as the backbone of the economy, smaller business owners deserve good planning, and planning may not […]
St. Petersburg, Florida – Aberdeen Advisors, Inc., a leading lower middle market M&A advisory firm, served as the exclusive advisor to Premiere Center for Cosmetic Surgery of Tampa, Inc. in its sale to Yosemite Health Group Tampa, LLC. “It was a privilege to represent Premiere Center for Cosmetic Surgery of Tampa and owner, Valerie McAllister, in […]
Selling your business is more than just a financial transaction. The process can be emotionally taxing, time intensive, and perplexing at times. It is important to become aware of the common psychological effects to prepare in advance and find the right advisory partner to help you navigate the transaction. First, while buyers will view the […]
Unexpected events often have bigger risks for business owners than many other people. Family members, employees, and even communities can face devastating consequences due to a business owner’s death or permanent incapacitation. Fortunately, there is a way to mitigate the risk of unexpected events wreaking havoc on you, your business, your family, your employees, and […]
Prior to joining Aberdeen, Kimberly served as the Executive Director of the Gulf Coast CEO Forum where she worked alongside business owners and c-suite members. With an expertise in healthcare, she has held national rankings in medical sales and ultimately, co-owned a boutique medical supply company in Sarasota, Florida. A graduate of Virginia Commonwealth University, […]
Consider this scenario: A traveler wakes up in a foreign place with three items—the clothes on their back, a map in a language they can’t interpret, and 10 coins. As they begin walking down what they think is a path, a person approaches and says, “I can help you read this map and find where […]
Selling your company can be an overwhelming process. You know the end goal is to close a transaction, but you may be unsure of the proper approach. Thankfully, this is a well-worn path. M&A advisors offer guidance and advocate for you as you travel this road. Completing the following list before engaging an advisor will […]
